Indiana Statutes
§ 7.1-3-25-12 — Arbitration costs; decision of arbitrator binding
Indiana § 7.1-3-25-12
This text of Indiana § 7.1-3-25-12 (Arbitration costs; decision of arbitrator binding) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 7.1-3-25-12 (2026).
Text
(a)The cost of the arbitrator and any other
direct costs of the arbitration shall be equally divided by the parties
engaged in the arbitration. All other costs shall be paid by the party
incurring them.
(b)The arbitrator shall render a decision not later than thirty (30)
days after the conclusion of the arbitration unless this time period is
extended by mutual agreement of the parties or by the arbitrator. The
decision of the arbitration is final and binding on the parties. Under no
circumstances may the parties appeal the decision of the arbitrator.
(c)A party who fails to participate in the arbitration hearings waives
all rights the party would have had in the arbitration and is considered
to have consented to the determination of the arbitrator.
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Legislative History
As added by P.L.224-2005, SEC.19.
Nearby Sections
15
§ 7.1-1-1-1
General purposes§ 7.1-1-1-11.5
Repealed§ 7.1-1-2-0.1
Repealed§ 7.1-1-2-1
Construction§ 7.1-1-2-13
Repealed§ 7.1-1-2-2
Scope§ 7.1-1-2-3
Exceptions§ 7.1-1-2-4
Gender and number§ 7.1-1-2-5
Direct and indirect prohibition§ 7.1-1-2-6
Repealed§ 7.1-1-3-1
Generally§ 7.1-1-3-10
"Club"§ 7.1-1-3-11
"Commercially"§ 7.1-1-3-12
"Commission"§ 7.1-1-3-12.5
"Consumer advertising specialty"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 7.1-3-25-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/7.1-3-25-12.